According to a smelter in South China, despite the impact of holidays causing a mismatch between supply and demand and an increase of nearly 30 tons in inventory, the factory sent its stock to Shanghai warehouses after the market opened and sold the premium above market price, allowing it to quickly enter the market. Currently, the smelter’s inventory has rapidly decreased to a safe level. (SMM)
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South China Smelting Plant Quickly Ships Out After the Holiday, Silver Inventory Drops to Safe Level
According to a smelter in South China, despite the impact of holidays causing a mismatch between supply and demand and an increase of nearly 30 tons in inventory, the factory sent its stock to Shanghai warehouses after the market opened and sold the premium above market price, allowing it to quickly enter the market. Currently, the smelter’s inventory has rapidly decreased to a safe level. (SMM)